Economic dataBusiness Today
India reclaims fifth spot in global market cap rankings
Positive+18
GreyOak summary
India's market capitalization rose to $5.45 trillion, reclaiming the fifth global spot by surpassing Taiwan. This surge was driven by FII inflows of Rs 66,302 crore in November and a 13% drop in Brent crude prices to $92.
What it affects
- FII flowsPositive +18
FII inflows reached Rs 66,302 crore in November.Rolling sentiment Positive +24
- Brent crudePositive +18
Brent crude fell 13% to $92 per barrel.Rolling sentiment Neutral +11
